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Showing 1 - 10 of 173 results for "World Bank"

Making a splash: The economic impact of AUKUS

KARREN VERGARA  |  WEDNESDAY, 23 OCT 2024
... world in 1978, saw GDP growth average over 9% per year and lift 800 million people out of poverty, according to the World Bank. Whilst GDP growth has cooled in recent years, the US is adamant on containing its biggest rival. The Stockholm International ...

Government lifts funding to preserve banking in the Pacific

ANDREW MCKEAN  |  WEDNESDAY, 10 JUL 2024
... $6.3 million to curb the rapid withdrawal of banking services in the Pacific. The funding includes $2.9 million to the World Bank for developing digital identity infrastructure across Pacific Island countries, $1.7 million to the Asian Development Bank ...

Gender gap to close in 134 years: World Economic Forum

ELIZA BAVIN  |  WEDNESDAY, 12 JUN 2024
... every industry and economy, with women accounting for 42% of the global workforce and 31.7% of senior leaders. The World Bank estimated that closing the gender gap in employment and entrepreneurship could increase global GDP by more than 20%. "The slow ...

Income inequality elevated, spikes: Oxfam

KARREN VERGARA  |  TUESDAY, 16 APR 2024
... is rampant among 64 out of 106 counties that receive grants or loans from the International Monetary Fund (IMF) and World Bank. Income inequality in Ghana, Honduras, Mozambique, and 39 other countries stood at high levels. The rapid rate in which inequality ...

Budget all about responsible economic management: Chalmers

CASSANDRA BALDINI  |  FRIDAY, 14 APR 2023
... Washington DC at the G20 Finance Ministers' and Central Bank Governors' Meeting and International Monetary Fund (IMF) World Bank 2023 Spring Meetings, Chalmers said the government is putting "finishing touches" on the budget which is due to be handed ...

World Bank warns of a sharp global growth decline

ANDREW MCKEAN  |  WEDNESDAY, 11 JAN 2023
The World Bank's Global Economic Prospects report forecasts declining global growth due to rising inflation, high interest rates and reduced investment. Fragile economic conditions have left the economy vulnerable to any new adverse developments, the ...

PwC appoints chief economist for Australia

ANDREW MCKEAN  |  TUESDAY, 11 OCT 2022
... Financial Studies, and senior executive and economist at ANZ. Earlier, she delivered consultancy assignments to the World Bank and Asia Development, also working for JPMorgan Chase and Merrill Lynch. During her career, Auster has published numerous papers ...

AXA IM Alts bolsters natural capital platform

CHLOE WALKER  |  WEDNESDAY, 5 OCT 2022
... having spent more than 10 years in public policy, working with governments and development institutions including the World Bank and the International Food Policy Research Institute. AXA IM Alts chief investment officer, structured finance and impact ...

Australia ranks 40th for crypto spend

CASSANDRA BALDINI  |  THURSDAY, 15 SEP 2022
... noted one trend that has only gotten stronger in the past year is the dominance of emerging markets in the index. "The World Bank categorises countries into one of four categories based on income levels and overall economic development: high income ...

Pain of commodity price increases to last: World Bank

JAMIE WILLIAMSON  |  WEDNESDAY, 27 APR 2022
In its latest commodity markets outlook, the World Bank has warned prices will likely remain high through to the end of 2024 and the transition to cleaner energy may be delayed. It comes as latest Australian Bureau of Statistics data shows the largest ...
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